Don't Bail Out My State

Washington is short on cash these days and will borrow every dime of the $150 billion to $300 billion for the "stimulus" bill now being worked on. Federal appetites may know no bounds. But the federal government's ability to borrow is not limitless. Already, our nation's unfunded liabilities total $52 trillion -- about $450,000 per household. There's something very strange about issuing debt to solve a problem caused by too much debt.

Sanford is onto something. Now if he only took the next step -- that if he backed residents of his state in refusing to send most of their taxes to Washington, they would have all the money they needed to run things.